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US stock futures traded flat on Wednesday, with the S&P 500 holding onto a record high as investors weighed President Trump's latest tariff salvo and awaited Federal Reserve minutes for insight into future policy.
Published on: February 19, 2025, 12:02 PM UTC
Trump's economic team aims to lower borrowing costs by targeting 10-year Treasury yields instead of Fed monetary policy. The strategy, dubbed "3-3-3," seeks to promote economic growth, reduce government spending, and cut inflation. By influencing the yield on 10-year Treasuries, the team hopes to lower borrowing rates for American consumers and businesses.
Published on: February 19, 2025, 12:02 PM UTC
Warren Buffett's Berkshire Hathaway revealed a stake in Constellation Brands, sending its shares up 5%. Analysts say the investment shows confidence in the company's value and growth potential, despite current challenges in the consumer staples sector.
Published on: February 19, 2025, 12:01 PM UTC
US stocks have underperformed global equities in recent months as investors grow less confident in the US "exceptionalism" trade. European stocks have outperformed the S&P 500, and strategists cite declining optimism about Fed rate cuts and a weaker growth outlook for the US. Investors are also attracted to the improving growth story in economies outside the US, where valuations are more attractive.
Published on: February 19, 2025, 12:01 PM UTC
Nvidia Bulls Defend Stock Ahead of Earnings Despite AI Cost Concerns
Published on: February 19, 2025, 12:01 PM UTC
Nvidia (NVDA) analysts remain bullish despite challenges with AI costs, including DeepSeek's lower-cost model. Earnings report on Feb. 26 expected to provide insights into Q1 outlook and market expectations.
Published on: February 19, 2025, 12:01 PM UTC
Thailand's stock exchange tightens curbs on short selling and high-frequency trading amid declining investor confidence.
Published on: February 19, 2025, 12:00 PM UTC
Bumble shares nosedive 16% on lower-than-expected revenue forecast, prompting job cuts and executive changes. The dating app company faces challenges in maintaining user growth amid competition from Match Group.
Published on: February 19, 2025, 12:00 PM UTC
Tesla's brand image takes a hit as Elon Musk's controversial political involvement sparks protests and negative sentiment among consumers, threatening the company's market position amidst potential EV tax credit cuts.
Published on: February 19, 2025, 11:03 AM UTC
US stocks were mixed on Tuesday to kick off a holiday-shortened week of trading amid potential policy changes by the Federal Reserve and President Donald Trump.
Published on: February 19, 2025, 11:02 AM UTC